MORVIK LEGEKONTOR AS

5124 MORVIK

Finances

Share Ownership

Return on Equity

−7,88 %

Current Ratio

17,27

Debt-to-Equity Ratio

15,16

Key figures (NOK)	2022	2021	2020	2019
Revenue	621 000	612 000	612 000	655 000
Net Income	−23 000	255 000	131 000	263 000
Total Assets	4 768 000	4 321 000	4 345 000	4 458 000
Total Equity	292 000	315 000	394 000	263 000

Income (NOK)	2022	2021	2020	2019
Revenue	621 000	612 000	612 000	655 000
Expenditure	487 000	170 000	305 000	199 000
Operating Profit	134 000	443 000	307 000	456 000
Financial Income	0	0	0	0
Financial Costs	164 000	116 000	139 000	136 000
Financial Balance	−164 000	−116 000	−139 000	−136 000
Earnings Before Tax	−30 000	327 000	168 000	320 000
Tax	−6 000	72 000	37 000	57 000
Net Income	−23 000	255 000	131 000	263 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 938 000	4 012 000	4 086 000	4 159 000
Total Current Assets	829 000	309 000	260 000	299 000
Total Assets	4 768 000	4 321 000	4 345 000	4 458 000
Total Retained Equity	232 000	255 000	334 000	203 000
Total Equity	292 000	315 000	394 000	263 000
Total Long-Term Debt	4 428 000	3 947 000	3 930 000	4 117 000
Total Current Debt	48 000	59 000	21 000	78 000
Total Equity and Debt	4 768 000	4 321 000	4 345 000	4 458 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	621 000	612 000	612 000	655 000
Revenue	621 000	612 000	612 000	655 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	74 000	74 000	74 000	74 000
Impairment	0	0	0	0
Expenditure	487 000	170 000	305 000	199 000
Operating Profit	134 000	443 000	307 000	456 000
Financial Income	0	0	0	0
Financial Costs	164 000	116 000	139 000	136 000
Financial Balance	−164 000	−116 000	−139 000	−136 000
Dividends	0	334 000	0	0
Net Income	−23 000	255 000	131 000	263 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	3 938 000	4 012 000	4 086 000	4 159 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	3 938 000	4 012 000	4 086 000	4 159 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	3 938 000	4 012 000	4 086 000	4 159 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	829 000	305 000	244 000	297 000
Total Current Assets	829 000	309 000	260 000	299 000
Total Assets	4 768 000	4 321 000	4 345 000	4 458 000
Total Equity	292 000	315 000	394 000	263 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 428 000	3 947 000	3 930 000	4 117 000
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	334 000	0	0
Other Current Debt	48 000	4 000	3 000	69 000
Total Current Debt	48 000	59 000	21 000	78 000
Total Equity and Debt	4 768 000	4 321 000	4 345 000	4 458 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−7,88 %	80,95 %	33,25 %	100 %
Debt-to-Equity Ratio	15,16	12,53	9,97	15,65
Operating Profit Margin	21,58 %	72,39 %	50,16 %	69,62 %
Current Ratio	17,27	5,24	12,38	3,83
Quick Ratio	17,27	5,24	12,38	3,83
Equity Ratio	0,06	0,07	0,09	0,06
Gross Profit Margin	100 %	100 %	100 %	100 %